banner-Capitol Services

Capitol Services

Provider of outsourced legal and compliance services to law firms and corporate clients

Status

Active

Acquired

April 14, 2023

Industry

Business Services

Founded in 1978, Capitol Services is a tech-enabled provider of outsourced legal and compliance services, including registered agent, corporate and lien search and filing and other services, primarily to law firms and corporate clients. Capitol Services has built a strong reputation by providing high-touch customer service, supported by the company’s proprietary systems and processes as well as its dedicated and highly tenured client support teams. The company has fostered an exceptional workplace culture and has been consistently recognized as a leader in the corporate legal services industry, including receiving Austin American-Statesman’s Top Workplace recognition 13 years in a row. Serving customers across all 50 states, the company is headquartered in Austin, Texas with additional client service centers in California, Delaware, Florida, Louisiana, Nevada and New York.

The investment by Clearview allowed the company’s founders to retire from the business and to facilitate a leadership transition to longstanding members of the management team.  The founders also sought to retain a meaningful equity stake while also allowing other members of the team to become equity owners in the recapitalized company.

The platform transaction closed on April 14, 2023. Clearview invested equity from Clearview Capital Fund IV, LP, Clearview Capital Fund V, LP and their affiliates, alongside the company’s founders, senior members of Capitol Services’ management team and the company’s mezzanine lenders.

Related Material

Clearview Capital’s Portfolio Company, Capitol Services: Add-on Strategy Watch now Clearview Capital’s Portfolio Company, Capitol Services: Add-on Strategy